Share on LinkedInShare on LinkedIn

ARTICLE · 27 OCTOBER 2025

Equity Finance 2025

AZB & Partners
AZB & Partners
Contributor
AZB & Partners

AZB & Partners

AZB & Partners, one of India’s premier law firms was founded in 2004 with a clear purpose to...

View firm profile
Explore more from AZB & Partners

Our India practice guide provides the latest legal information on Equity Finance Techniques and Structures, The Equity Finance Market, Regulation and Related Legal Issues, Tax, Bankruptcy and Insolvency...

IndiaCorporate/Commercial Law

Our India practice guide provides the latest legal information on Equity Finance Techniques and Structures, The Equity Finance Market, Regulation and Related Legal Issues, Tax, Bankruptcy and Insolvency, in the jurisdiction of India. It has been published by Chambers and Partners at Equity Finance 2025 | Global Practice Guides | Chambers and Partners

1. Equity Finance Techniques and Structures

1.1 Early-Stage Venture Capital Financing

Early-stage venture capital (VC) investments are predominantly implemented through hybrid equity instruments, such as convertible instruments. The convertible instruments could be optionally convertible preference shares (OCPS), compulsorily convertible preference shares (CCPS), optionally convertible debentures (OCDs) or compulsory convertible debentures (CCDs). OCPS, CCPS, OCDs and CCDs are, for ease, referred to as "equity-linked instruments", and are preferred over equity shares – ie, common stock for structuring differential

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from